The only thing I've heard so far is that it would be really difficult to get a mortgage. Well, my mortgage is held by one of the strong banks that is actually buying the failing banks and I have no immediate plans to sell my home, so, well, yeah. It's all about the banks' ability/willingness to extend credit.
Also a good dose of American's getting scared and putting their money in their mattress...that's the basics.
2008-09-29, 03:26 PM
Hybrid Mode
